Gold (XAU/USD) is showing signs of a short-term recovery after a sharp bearish move. Price is attempting to form a base near support, with a potential bullish retracement targeting the 4370–4375 resistance zone before the next major move.
🔹 Strong support holding near current levels
🔹 Bullish correction expected on Monday
🔹 Target zone: 4372 – 4374
🔹 Risk managed below 4304
🔹 Watch price action carefully around resistance
📈 Trade Idea:
Buy: Current Market Price
🎯 Target: 4372 – 4374
🛑 Stop Loss: 4304
⚠️ This analysis is for educational purposes only and not financial advice. Always use proper risk management.
🔹 Strong support holding near current levels
🔹 Bullish correction expected on Monday
🔹 Target zone: 4372 – 4374
🔹 Risk managed below 4304
🔹 Watch price action carefully around resistance
📈 Trade Idea:
Buy: Current Market Price
🎯 Target: 4372 – 4374
🛑 Stop Loss: 4304
⚠️ This analysis is for educational purposes only and not financial advice. Always use proper risk management.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.